Free Trial
NYSE:BLND

Blend Labs (BLND) Stock Price, News & Analysis

$3.21
-0.01 (-0.31%)
(As of 11:44 AM ET)
Today's Range
$3.13
$3.29
50-Day Range
$2.13
$3.22
52-Week Range
$1.03
$3.40
Volume
849,591 shs
Average Volume
1.99 million shs
Market Capitalization
$810.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.15

Blend Labs MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
2.0% Downside
$3.15 Price Target
Short Interest
Healthy
4.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.13mentions of Blend Labs in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.27 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.39) to ($0.31) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.40 out of 5 stars

Computer And Technology Sector

499th out of 590 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

45th out of 55 stocks

BLND stock logo

About Blend Labs Stock (NYSE:BLND)

Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.

BLND Stock Price History

BLND Stock News Headlines

Blend Labs (NYSE:BLND) Stock Price Up 6.5%
Could You Retire on a Single AI Stock (trading for only $15)?
This is the perfect AI stock...And it's currently trading for only $15. With just one investment in this company, you could potentially set yourself up for massive financial gains.
Blend Labs (NYSE:BLND) Stock Price Down 3%
Blend to Join Russell 2000® Index
Could You Retire on a Single AI Stock (trading for only $15)?
This is the perfect AI stock...And it's currently trading for only $15. With just one investment in this company, you could potentially set yourself up for massive financial gains.
See More Headlines
Receive BLND Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Blend Labs and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/08/2024
Today
7/17/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Fax
N/A
Employees
1,690
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.15
High Stock Price Target
$3.50
Low Stock Price Target
$3.00
Potential Upside/Downside
-2.5%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-178,690,000.00
Pretax Margin
-86.94%

Debt

Sales & Book Value

Annual Sales
$156.85 million
Book Value
($0.08) per share

Miscellaneous

Free Float
222,522,000
Market Cap
$815.19 million
Optionable
Not Optionable
Beta
1.10
Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Mr. Nima Ghamsari (Age 38)
    Co-Founder, Chairman, CEO & Head of Blend
    Comp: $325k
  • Mr. Erin James Collard (Age 44)
    Co-Founder & Director
  • Mr. Rosco Hill
    Co-Founder
  • Mr. Amir Jafari (Age 46)
    Head of Finance & Administration and Principal Financial Officer
  • Ms. Oxana Tkach (Age 41)
    Controller & Principal Accounting Officer
  • Mr. Bryan Michaleski C.F.A.
    Investor Relations Lead
  • Ms. Winnie Ling (Age 37)
    Head of Legal & People
  • Mr. Erik Wrobel
    Head of Product
  • Ms. Aesha Shah
    Head of Design
  • Mr. Naveen Ayyagari
    Head of Engineering

BLND Stock Analysis - Frequently Asked Questions

How have BLND shares performed this year?

Blend Labs' stock was trading at $2.55 at the beginning of the year. Since then, BLND shares have increased by 26.1% and is now trading at $3.2150.
View the best growth stocks for 2024 here
.

How were Blend Labs' earnings last quarter?

Blend Labs, Inc. (NYSE:BLND) released its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.03. The firm had revenue of $34.95 million for the quarter, compared to analysts' expectations of $33.94 million. Blend Labs had a negative trailing twelve-month return on equity of 595.99% and a negative net margin of 90.62%.

When did Blend Labs IPO?

Blend Labs (BLND) raised $340 million in an IPO on Friday, July 16th 2021. The company issued 20,000,000 shares at $16.00-$18.00 per share.

How do I buy shares of Blend Labs?

Shares of BLND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BLND) was last updated on 7/17/2024 by MarketBeat.com Staff

From Our Partners